Simple -- it was an estate planning maneuver. Charlie Munger just did the same thing with some of his Berkshire stock....he basically is transferring or selling it to his heirs at the discounted market price. This is a smart thing to do and says that he believes the company is undervalued. The point is to avoid estate taxes that would have occurred if the stock had been trading at intrinsic value.


"This Amendment No. 9 is being filed to report the transfer, on January 5, 2009, of 200,000 shares of common stock of the Issuer in a private sale by the Reporting Person to his daughter, Sarah Louise Miller, and the transfer, on January 5, 2009, of 200,000 shares of common stock of the Issuer in a private sale by the Reporting Person to the Christopher Charles Miller Trust. The sole beneficiary of the Christopher Charles Miller Trust is the Reporting Person’s son, Christopher Charles Miller. As a result of these transfers, on January 5, 2009, the Reporting Person ceased to be the beneficial owner of more than 5% of the outstanding shares of common stock of the Issuer."